Prosperity Consulting Group LLC Raises Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Prosperity Consulting Group LLC boosted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 433.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,058 shares of the exchange traded fund’s stock after purchasing an additional 14,671 shares during the period. Prosperity Consulting Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,343,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. FMR LLC boosted its position in shares of iShares Russell 1000 Value ETF by 4.0% during the fourth quarter. FMR LLC now owns 9,268,989 shares of the exchange traded fund’s stock worth $1,715,968,000 after buying an additional 354,694 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of iShares Russell 1000 Value ETF by 7.8% during the 4th quarter. JPMorgan Chase & Co. now owns 9,252,043 shares of the exchange traded fund’s stock worth $1,712,831,000 after acquiring an additional 671,710 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in iShares Russell 1000 Value ETF by 21.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 7,877,198 shares of the exchange traded fund’s stock worth $1,458,306,000 after acquiring an additional 1,400,086 shares during the period. Wells Fargo & Company MN boosted its position in shares of iShares Russell 1000 Value ETF by 36.6% in the fourth quarter. Wells Fargo & Company MN now owns 6,284,015 shares of the exchange traded fund’s stock valued at $1,163,360,000 after acquiring an additional 1,683,297 shares during the period. Finally, Raymond James Financial Inc. bought a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at about $972,637,000.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $180.43 on Friday. iShares Russell 1000 Value ETF has a 52-week low of $163.19 and a 52-week high of $200.42. The firm has a market capitalization of $59.97 billion, a P/E ratio of 18.54 and a beta of 0.90. The stock has a fifty day moving average price of $184.13 and a two-hundred day moving average price of $189.15.

iShares Russell 1000 Value ETF Company Profile

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).